Hey guys, i think bitcoin will go down again to 1k usd below because it always crashes.
Reasons are as follows for bitcoin as well as altcoins
1. Bitcoin has already made its first impression and its bad and it will stay like it forever
its just a pump and dump coin which is not a real currency that's why it is considered an Asset and not a currency
2. Blockchain Technology is good and it came from Bitcoin along with
But it is not enough reason why bitcoin and other crypto should moon
Its a great idea actually but there are so many scams and very little adoptation
and please don't tell me that crypto is still young. its been here since 2009
it has already proven itself
3. Majority of the projects are just pump and dump
we really need a working product and not just a good idea
Bitcoin was found to be used as an currency but people using it as bump and dump coin so the problem is with the bitcoin or with the people who using it?
Now a days many of the projects are turning into scam that maybe create bad impression about the bitcoin too but people too be careful because scammers are everywhere so never invest on anything without appropriate research or don't cry when you lost money.
But when it comes to bitcoin price it is all about the demand and supply so no one knows how much it will fall.